DKK/HUF

- HUF (-)

- Real time data - Forex

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Type:	Forex
Ticker:	DKKHUF
ISIN:

DKK/HUF - 1H - Technical analysis published on 09/12/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

22%

50%

28%

My opinion

Bearish under 53.294 HUF

My targets

52.879 HUF (-0.193)

52.724 HUF (-0.348)

My analysis

The strong short-term decrease of DKK/HUF should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 53.294 HUF, a sale could be considered. The first bearish objective is located at 52.879 HUF. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 52.724 HUF. If there is any crossing, the next objective would be support 52.623 HUF. Caution, if there is a return to above 53.294 HUF, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

2.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DKK/HUF rating is 53.072 HUF. On the day, this instrument gained +0.00% and was traded between 53.049 HUF and 53.115 HUF over the period. The price is currently at +0.04% from its lowest and -0.08% from its highest.

53.049

53.115

53.072

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this DKK/HUF chart shows a neutral trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	52.724	52.879	53.039	53.072	53.125	53.294	53.512
Change (%)	-0.66%	-0.36%	-0.06%	-	+0.10%	+0.42%	+0.83%
Change	-0.348	-0.193	-0.033	-	+0.053	+0.222	+0.440
Level	Intermediate	Minor	Minor	-	Minor	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	52.781	52.909	52.991	53.119	53.201	53.329	53.411
Camarilla	53.015	53.035	53.054	53.073	53.092	53.112	53.131
Woodie	52.758	52.898	52.968	53.108	53.178	53.318	53.388
Fibonacci	52.909	52.989	53.039	53.119	53.199	53.249	53.329

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	52.157	52.355	52.549	52.747	52.941	53.139	53.333
Camarilla	52.636	52.672	52.708	52.744	52.780	52.816	52.852
Woodie	52.156	52.354	52.548	52.746	52.940	53.138	53.332
Fibonacci	52.355	52.504	52.597	52.747	52.896	52.989	53.139

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	51.296	51.902	52.301	52.907	53.306	53.912	54.311
Camarilla	52.425	52.517	52.609	52.701	52.793	52.885	52.977
Woodie	51.194	51.850	52.199	52.855	53.204	53.860	54.209
Fibonacci	51.902	52.286	52.523	52.907	53.291	53.528	53.912

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	39.83
MACD (12,26,9):	-0.0240
Directional Movement:	-10.451
AROON (14):	-35.715
DEMA (21):	53.080
Parabolic SAR (0,02-0,02-0,2):	53.042
Elder Ray (13):	-0.025
Super Trend (3,10):	53.216
Zig ZAG (10):	53.066
VORTEX (21):	0.9050
Stochastique (14,3,5):	28.55
TEMA (21):	53.056
Williams %R (14):	-74.22
Chande Momentum Oscillator (20):	-0.024
Repulse (5,40,3):	-0.0130
ROCnROLL:	2
TRIX (15,9):	-0.0070
Courbe Coppock:	0.22

MA7:	52.957
MA20:	52.818
MA50:	52.788
MA100:	52.607
MAexp7:	53.085
MAexp20:	53.109
MAexp50:	53.113
MAexp100:	53.042
Price / MA7:	+0.22%
Price / MA20:	+0.48%
Price / MA50:	+0.54%
Price / MA100:	+0.88%
Price / MAexp7:	-0.02%
Price / MAexp20:	-0.07%
Price / MAexp50:	-0.08%
Price / MAexp100:	+0.06%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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